DFW ARCHIVED May 2016 | Page 30

Community Information | School District

Rockwall

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Community Information | School District

Trending versus *:
Trending versus *:
Market Profile & Trends Overview
Month
LM
L3M
PYM
LY
YTD
Prior YTD
Prior Year
Median List Price of all Current Listings
$ 419,000
-4%
23 %
Average List Price of all Current Listings
$ 533,175
-0%
22 %
May Median Sales Price
$ 264,500
2 %
5 %
6 %
13 %
$ 249,900
6 %
6 %
May Average Sales Price
$ 292,782
-1%
2 %
-0%
6 %
$ 283,852
3 %
2 %
Total Properties Currently for Sale ( Inventory )
434
12 %
9 %
May Number of Properties Sold
178
-14%
-4%
787
14 %
May Average Days on Market ( Solds )
32
-22% -27% -22% -33%
47
-11%
-2%
Asking Price per Square Foot ( based on New Listings )
$ 123
6 %
2 %
8 %
11 %
$ 121
12 %
9 %
May Sold Price per Square Foot
$ 111
-0%
3 %
8 %
8 %
$ 108
7 %
5 %
May Month ' s Supply of Inventory
2.4
30 %
8 %
13 %
0 %
2.5
-7%
4 %
May Sale Price vs List Price Ratio
98.6 %
. 7 %
1.3 % 1.2 %
2.1 %
97.1 %
1 %
1 %
* LM = Last Month / L3M = Last 3 Months / PYM = Same Month Prior Year / LY = Last Year ( 2015 ) / YTD = Year-to-date | Arrows indicate if Month / YTD values are higher ( up ), lower ( down ) or unchanged ( flat )
3 Mo Avg
Property Sales May Property sales were 178 , down 3.8 % from 185 in May of 2015 and 14.4 % lower than the 208 sales last month . May 2016 sales were at their lowest level compared to May of 2015 and 2014 . May YTD sales of 787 are running 13.6 % ahead of last year ' s year-to-date sales of 693 .
300
250
200
300
250
200
150
Number of Properties Sold
3 Mo Avg
150
100
100
50
Prices The Median Sales Price in May was $ 264,500 , up 5.8 % from $ 250,000 in May of 2015 and up 1.5 % from $ 260,500 last month . The Average Sales Price in May was $ 292,782 , down 0.4 % from $ 293,846 in May of 2015 and down 0.9 % from $ 295,490 last month . May 2016 ASP was at a mid range compared to May of 2015 and 2014 .
50
0
290 270 250 230 210 190 170 150
0
215 200 224 129 139 122 126 100 102 146 147 180 206 211 209 193 159 133 141 79 108 146 175 185 223 241 218 146 158 142 160 111 127 163 208 178
J 13
290 270 250 230 210 190 170
215
J
200 224 129 139 122
13
J
A
S
O N D
J
14
126 100
J A S O N D J
102 146 147 180 206 211 209 193
14
F M A M J
J
A
S
O N D
J
15
15
F M A M J
J
A
S
O N D
J
16
Median Sales Price and Average Sales Price
159
3 Mo Avg
150
J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M
J 13
J
13
A
S
O N D
J 14
F
M14 A M J
J
A
S
O N D
J 15
F M
15 A M J
J
A
S
O N D
J 16
F M A16M
133 141 79 108 146 175
F M A M J
J
A
S
O N D
J
F M A M J
J
A
S
O N D
J
F M A M
16
F M A M
185 223 241 218 146 158 142 160 111 127 163 208 178
3 Mo Avg
Inventory & MSI The Total Inventory of Properties available for sale as of May was 434 , up 11.6 % from 389 last month and up 8.8 % from 399 in May of last year . May 2016 Inventory was at a mid level compared with May of 2015 and 2014 .
A comparatively lower MSI is more beneficial for sellers while a higher MSI is better for buyers . The May 2016 MSI of 2.4 months was at a mid level compared with May of 2015 and 2014 .
700 600 500 400 300 200 100
0
700
600
500
571
400
300
200
100
Total Inventory & Month ' s Supply of Inventory ( MSI )
577
603 571
528 577
478 603
457 528
431 478
424 457
463 431 424
465 505 463
545
465 565 505 557 545
533 565
455
557 408 384
533
313 455
314 408
326 384
343 313
314 374
326 399
343 386
371 374
404 399
386 437
402 371 382
404
345 437
343 402
356 382 398 345 389 343
434 356
0
0.0
J
J
AJ
SJ
OA
NS DO JN FD
MJ
AF M JA
JMA J S JO AN SD
OJ
NF DM
AJ
MF MJ
AJ AM SJ
OJ
NA
DS JO FNM DA JM
F M A M
13
13
14
14
15
15
16
16
5.0
4.0
3.0
398
2.0
1.0
389
434
5.0 4.0 3.0 2.0 1.0 0.0
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